The "up-to-the-minute Market Data" thread, page 567
Pages: <<  564    565    566    567    568    569    570  >>
ATS Members have flagged this thread 182 times


reply posted on 6-11-2009 @ 09:59 PM by HimWhoHathAnEar
reply to post by sligtlyskeptical



Good luck with that. People have been saying similar stuff since gold was at $248 seven or eight years ago. The money printing won't be stopping any time soon, therefore anything of intrinsic value will continue to rise in terms of said paper, not the other way around.


reply posted on 6-11-2009 @ 10:08 PM by sligtlyskeptical
Originally posted by HimWhoHathAnEar
reply to
post by sligtlyskeptical



Good luck with that. People have been saying similar stuff since gold was at $248 seven or eight years ago. The money printing won't be stopping any time soon, therefore anything of intrinsic value will continue to rise in terms of said paper, not the other way around.


I've heard the same before every bursting of a bubble. They can't print enough money to replace what has already been lost. Soon this will be understood and the dollar will strengthen rapidly, sending gold into a downward spiral. Watch and learn. You are probably expecting inflation as well.



reply posted on 6-11-2009 @ 11:09 PM by tiso_us
reply to post by sligtlyskeptical



Thanks, funny...I would rather buy a lottery ticket then buy CIT common at this time, not until after Dec.

At lease i can get a THANK YOU when i buy a lottery ticket.


reply posted on 7-11-2009 @ 04:31 AM by Vitchilo
Cost to the FDIC this week...

1.53 billion... or about 5$ for every american. I hope you saved that 5$ this week!

While in congress they protect the banks even more.
Here

An amendment offered by Rep. Gregory Meeks (D-N.Y.) and unanimously approved by a voice vote in the House Financial Services Committee specifically deletes a provision in the Financial Stability Improvement Act of 2009.

The two draft versions of the bill originally called for the proposed overseer of threats to the entire financial system to prepare an annual report to Congress describing, among other things, "significant financial market developments and potential emerging threats to the stability of the financial system."

But on Thursday, Meeks’ amendment deleted that language and instead compels the council to describe:

"Significant financial and regulatory developments, including insurance and accounting regulations and standards, and assesses the impact of those developments on the stability of the financial system."

This report will not be done. The system will still be in the hands of the bankers and if they want to set the stage to destroy it again, they will be able to do so.

Fannie Mae...please someone nuke that place.
Fannie Mae, the mortgage buyer seized by regulators, plans to tap emergency U.S. capital for a fourth time this year, bringing its draws of taxpayer money to $60 billion as the company sees no immediate end to its losses.



And this weekend it's the G20 and they are supposed to set the stage for the death of the dollar. Very interesting days/week ahead. The word is that if the US don't agree to a super currency at this meeting, or don't even hint at accepting it, the G20 will stop buying US treasuries or will seriously reduce their purchases. Forcing the FED to print more money and crashing the dollar.

I don't know if this is true, but we'll see.


reply posted on 7-11-2009 @ 10:52 AM by HimWhoHathAnEar
reply to post by sligtlyskeptical



You've got it backwards, the Dollar is the bursting bubble. Countries are buying Gold now, not Dollars. The Debt auctions of 150 billion plus per month aren't going to stop anytime in the forseeable future. They've projected them out to 10 years themselves. That issuance of Dollar Debt is called 'SUPPLY', and since global central banks have turned their 'DEMAND' to Gold, you have an obvious sea change that's happened.

The only so called foreign CB purchases of US Debt that have happened recently are from 'currency swaps', where the Federal Reserve 'buys' their currencies with an agreement that they will turn around and buy our Debt. Thus allowing them to devalue their currencies at the same time we are printing ours, which helps contain the export damage to their economies. This doesn't change the fact that money is being printed on all sides, increasing its 'supply'.

As far as your quip about inflation. The idea that one needs to overcome debt deleveraging with the amount of money that is printed in order to cause inflation is false. One only needs to push the currency to the point of lost confidence. Every currency collapse has supply, demand, and confidence behind it. US debt obligations stand at around a 100 Trillion, JP Morgan alone holds 100 Trillion in Derivatives. The idea that we would have to print over 200 Trillion to start seeing inflation is ludicrous. The 2 Trillion that the Fed has taken on along with the 10 Trillion in guarantees and the 12 Trillion Debt has already gutted confidence in the Dollar, little more is needed to finish the job.

So while the Gov't will continue to 'borrow' the 150 Billion per month, who wants to buy it? It pays at a loss to hold, there's tons more of it coming into the market place, nothing about the US economy has stabilized. What makes that a safe investment? No, countries have discovered that a bird in the hand (gold) is worth a Trillion (paper monies) in the bush. I'm afraid you're living in the past, where America was the safest investment. Our fiscal house is in serious trouble and this kind of cognitive disonance is at the heart of it. Wake up!


reply posted on 10-11-2009 @ 03:32 PM by redhatty
reply to post by DangerDeath



WTH are you talking about Danger? What bubble?

As the USD drops in value, the equities rise, people take what money they have and invest it into something of "value"

When the USD strengthens again, the money comes back out of the equities and into the FX market.

What bubble?


reply posted on 10-11-2009 @ 11:44 PM by GreenBicMan
Jim Symons is the world’s greatest trader .Jim simons has held top position among the top earners for over 1 decade.What makes a great trader is consistency in earnings , year after year.Ex-Math Professor Is America's Highest Earner.

english.chosun.com...
His Earnings
2008 $2.7 billion
2007 $2.9 billion

34 percent annualized net return since 1988 . They charge a hefty 5% annual fee and 44% performance fee .

Charitable donations
RECORD $60M TO SCHOOL

www.nypost.com...

www.nypost.com...


In 2008 James Symons was the top earner with $2.5 billion amongst the top trader.He has done it year after year for over two decades.What this proves is automated /computer models work better than the brain in trading.

March 25 (Bloomberg) -- Following is a ranking of the highest-paid hedge fund managers in 2008, according to Institutional Investor magazine’s Alpha publication.
The top 25 managers earned a total of $11.6 billion in 2008, the third-best year on record, according to Alpha. The following table is ranked by the highest money earners:

Rank Person Firm 2008 est.
1 James Simons Renaissance Technologies Corp. $2.5 billion
2 John Paulson Paulson & Co. $2.0 billion
3 John Arnold Centaurus Energy $1.5 billion
4 George Soros Soros Fund Management $1.1 billion
5 GreenBicMan -$1,000 to Capital One currently, but would prob be #3 if he had the margin
www.finfacts.ie...

Math whiz Simons, who made $1.7 billion to repeat as No. 1, has assembled an army of rocket scientists to build complex computer models that rapidly trade markets around the world, hoping to exploit tiny price changes.

www.finfacts.com...

For over two decades, Simons' Renaissance Technologies hedge fund, which trades in markets around the world, has employed complex mathematical models to analyze and execute trades--many of them automated. Renaissance uses computer-based models to predict price changes in easily-traded financial instruments. These models are based on analyzing as much data as can be gathered, then looking for non-random movements to make predictions.

www.finfacts.com...



reply posted on 11-11-2009 @ 06:53 AM by Vitchilo
Well it seems they did something else at the G20 instead of playing tiddly winks...

China Hints at Yuan's Departure From Dollar Peg

China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been in place since the middle of last year.

The reference to a new set of benchmarks for determining the value of the yuan holds out the possibility of a departure from recent practice, which has seen the currency held steady since mid-2008 around 6.83 per dollar.


China’s central bank said foreign- exchange policy will take into account global capital flows and changes in major currencies, prompting speculation it will allow the currency to strengthen as the dollar weakens.

And the dollar went to 74.77 during the night...

While politically in the US, the people is active!
Continental Congress to convene today until 11/22

Let's hear the sounds of revolution!

[edit on 11-11-2009 by Vitchilo]


reply posted on 11-11-2009 @ 12:51 PM by Vitchilo
Good to hear Marg!

Commercial Real Estate ‘Crisis’ Looming for U.S.: Chart of Day

“A crisis of unprecedented proportions is approaching” in the U.S. commercial real-estate market, according to Randall Zisler, chief executive officer of Zisler Capital Partners LLC.

The CHART OF THE DAY displays quarterly returns on commercial property -- apartment buildings, hotels, industrial sites, offices and stores -- as compiled by the National Council of Real Estate Investment Fiduciaries. Returns were negative for the past five quarters, the longest streak since 1992.


No...ya think?

And from the information that leaked from the G20 this weekend... Russia and China refused the world currency deal that the US and UK wanted...Also the next big globalist step will be the African Union.

[edit on 11-11-2009 by Vitchilo]


reply posted on 11-11-2009 @ 08:30 PM by marg6043
reply to post by Vitchilo



Guess who will be looked at with respect and awe as it develops into the next superpower of the world with GDPs higher than US and China combine, yes you guess it, the EU.

No even in my wildest dream I would have thought about that one.


Pages: <<  564    565    566    567    568    569    570  >>    ^^TOP^^



USDA Forces Whole Foods To Accept Monsanto
  Posted 11 days ago with 99 member flags
Greece wipes out Citizens Debt!! Tells Bankers to suck it
  Posted 12 days ago with 78 member flags
The Collapse of The American Dream Explained in Animation
  Posted 19 days ago with 53 member flags
Obama on the verge of a deal with the banks
  Posted 17 days ago with 23 member flags
EU financial dictatorship agreed to by EU ministers last night
  Posted 19 days ago with 17 member flags
Bankers requesting that Greece become their debt slaves
  Posted 15 days ago with 15 member flags
We’re on the brink, warns Greece ahead of summit
  Posted 13 days ago with 15 member flags

Newest topics getting replies, in real-time:

AP: WHITNEY HOUSTON DEAD
  People, Posted 13 hours ago, 95 replies
Why conservatives . . . . . suck!
  Political Ideology, Posted 14 hours ago, 70 replies
IF YOURE AMERICAN!
  Rant, Posted 15 hours ago, 32 replies
London 2012 Olympics Conspiracy
  General Conspiracies, Posted 16 hours ago, 29 replies
Whitney Houston dead at 48
  Breaking General News, Posted 12 hours ago, 26 replies